ING Groep NV's revenue for the
three
months ended in Dec. 2023 was €5,409 Mil.
Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was €22,543 Mil.
ING Groep NV's Revenue per Share for the
three
months ended in Dec. 2023 was €1.62.
Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was €6.39.
Good Sign:
ING Groep NV has shown predictable revenue and earnings growth.
During the past 12 months, the average Revenue per Share Growth Rate of ING Groep NV was 22.50% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 11.20% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 5.40% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 3.50% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.
During the past 13 years, ING Groep NV's highest 3-Year average Revenue per Share Growth Rate was 24.60% per year. The lowest was -41.40% per year. And the median was 0.70% per year.
ING Groep NV Revenue Historical Data
The historical data trend for ING Groep NV's Revenue can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Banks - Diversified subindustry, ING Groep NV's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
ING Groep NV's Revenue Distribution in the Banks Industry
For the Banks industry and Financial Services sector, ING Groep NV's Revenue distribution charts can be found below:
* The bar in red indicates where ING Groep NV's Revenue falls into.
ING Groep NV Revenue Calculation
Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.
Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €22,543 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ING Groep NV (XAMS:INGA) Revenue Explanation
In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.
Peter Lynch categorized companies according to their revenue growth:
His favorite companies are stalwart, those growing between 10-20% a year.
Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.
Be Aware
Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.
ING Groep NV Revenue Related Terms
Thank you for viewing the detailed overview of ING Groep NV's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
The merger of the Dutch postal bank and NN Insurance in 1991 created ING. Through a series of further acquisitions ING build up a global footprint. The 2008 financial crisis forced ING to seek government support—a precondition of which was that ING should separate its banking and insurance activities, which saw ING revert to being solely a bank. ING has market-leading banking operations in the Netherlands and Belgium, and a range of digital banks across Europe and Australia. Its global wholesale banking operation is primarily focused on lending.
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